Bridging loan
Bridging finance can be a solution to a problem, which many house buyers encounter, when finding a new property you want to purchase prior to selling your existing home. Without the proceeds from the sale of your existing property, there is a financial gap to cover.
Customers in these circumstances can apply for bridging finance, thus enabling customers to finance the purchase of their new home prior to selling their existing property. It is a loan secured by both the existing and new properties. |
|
Second mortgage finance
Second mortgages gives you a fixed interest rate on a lump sum for a major expenditure - putting equity in your home to work for you.
Second mortgages provide a way for homeowners to finance just about anything, from shortfall purchase on property finance, a short term facility for a loan or to buy a car or maybe even a boat.
Second mortgages are popular because the interest charges are tax-deductible, just as interest is deductible on first mortgages. if you have equity in your home that you wish to release for personal, business or investment purposes,
Contact Us and we will discuss what options are best for you.
|
|
|
